Short Interest in iShares Total Return Active ETF (NASDAQ:BRTR) Grows By 2,367.5%

iShares Total Return Active ETF (NASDAQ:BRTR) saw a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 756,797 shares, a growth of 2,367.5% from the May 14th total of 30,670 shares. Currently, 6.8% of the shares of the company are short sold. Based on an average daily volume of 324,295 shares, the short-interest ratio is presently 2.3 days.

iShares Total Return Active ETF Trading Down 0.0%

Shares of iShares Total Return Active ETF stock opened at $49.94 on Thursday. The firm has a market capitalization of $554.33 million, a PE ratio of 22.72 and a beta of 0.17. iShares Total Return Active ETF has a twelve month low of $49.50 and a twelve month high of $51.68. The firm’s 50-day moving average price is $50.19 and its 200 day moving average price is $50.65.

iShares Total Return Active ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were paid a $0.166 dividend. The ex-dividend date was Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 4.0%.

Institutional Investors Weigh In On iShares Total Return Active ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Ethos Financial Group LLC acquired a new position in shares of iShares Total Return Active ETF during the fourth quarter worth about $2,314,000. Flow Traders U.S. LLC lifted its holdings in shares of iShares Total Return Active ETF by 186.4% in the third quarter. Flow Traders U.S. LLC now owns 54,422 shares of the company’s stock valued at $2,775,000 after purchasing an additional 35,420 shares in the last quarter. Greatmark Investment Partners Inc. lifted its stake in shares of iShares Total Return Active ETF by 69.9% during the fourth quarter. Greatmark Investment Partners Inc. now owns 6,865 shares of the company’s stock valued at $349,000 after buying an additional 2,825 shares during the period. Farther Finance Advisors LLC lifted its stake in shares of iShares Total Return Active ETF by 6,507.1% during the fourth quarter. Farther Finance Advisors LLC now owns 2,775 shares of the company’s stock valued at $141,000 after buying an additional 2,733 shares during the period. Finally, Ameriflex Group Inc. purchased a new position in iShares Total Return Active ETF during the fourth quarter worth approximately $51,000.

About iShares Total Return Active ETF

The iShares Total Return Active ETF (BRTR) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed ETF that broadly invests in corporate and government fixed income securities from around the world. Securities could be of any maturity while limiting investments in junk bonds to 20%. BRTR was launched on Dec 12, 2023 and is issued by BlackRock.